Meals on Wheels of Horry County

Analysis

Meals on Wheels of Horry County is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Meals on Wheels of Horry County reported income of $967k and spending of $515k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $967k (+330%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meals on Wheels of Horry County sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Lakes Area Food Shelf Incorporated ($967k), American Indian Child Resource Center ($967k) and Joy Ranch of South Dakota ($967k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (9.8% of expenses). Other salaries and wages came to $64k. At year end it held assets of $623k against liabilities of $1,087, net assets of $622k. It reported 4 employees.